30 Quotes by Vitalik Buterin
- Author Vitalik Buterin
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The industrial revolution allowed us, for the first time, to start replacing human labour with machines.
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Whereas most technologies tend to automate workers on the periphery doing menial tasks, blockchains automate away the center. Instead of putting the taxi driver out of a job, blockchain puts Uber out of a job and lets the taxi drivers work with the customer directly.
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- Author Vitalik Buterin
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The main advantage of blockchain technology is supposed to be that it's more secure, but new technologies are generally hard for people to trust, and this paradox can't really be avoided.
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A smart contract is a mechanism involving digital assets and two or more parties, where some or all of the parties put assets in, and assets are automatically redistributed among those parties according to a formula based on certain data that is not known at the time the contract is initiated.
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- Author Vitalik Buterin
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Bitcoin is great as a form of digital money, but its scripting language is too weak for any kind of serious advanced applications to be built on top.
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- Author Vitalik Buterin
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In order to have a decentralised database, you need to have security. In order to have security, you need to - you need to have incentives.
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When I came up with Ethereum, my first first thought was, 'Okay, this thing is too good to be true.' As it turned out, the core Ethereum idea was good - fundamentally, completely sound.
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- Author Vitalik Buterin
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I personally, generally, don't really feel much emotion if there's some problem and I'm actively solving it.
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- Author Vitalik Buterin
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As society becomes more and more complex, cheating will in many ways become progressively easier and easier to do and harder to police or even understand.
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